What a surprise huh? I also read that 93% of the Baanks assets exceeded the FDIC insurance maximums...ouch
Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that led to...
Interesting read on SD:
More: http://www.silverdoctors.com/us-bank-run-imminent-as-fdic-expanded-deposit-insurance-ends-dec-31st/
A lot of assumptions in there, but worth keeping an eye on.